One of the leading IT firms of the country, Rolta India has announced its financial results for first quarter of the fiscal year 2010-11. The company has informed that, in this reviewed quarter, there was a decline in the company's net profit figure as compared to the similar quarter in the previous year.

The consolidated net profit of the Rolta India was reported to be 691.3 million rupees for the first quarter of the current financial year. For the same period of time; the net profit of the firm was reported to be 762.2 million rupees in the previous year.

Hence there has been a decline of 9.3% for the company during the April-June quarter of the fiscal year of 2010-11 against its corresponding quarter in the preceding fiscal year. Rolta India has produced this fact to the Bombay Stock Exchange in a filing.

However, the consolidated net sales of the company have gone up in the quarter under review.

The consolidated net sales of the company have gone up 4,120.6 million rupees in Q1 of 2010-11 which was reported to be 3,327.0 million rupees for its like period a year ago.